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The random variable of a binominal experiment measure

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Reference no: EM13807087

List the criteria for a binomial experiment. What does the random variable of a binominal experiment measure?
Consider a binomial experiment. If the number of trials increased, what happens to the expected value? To the standard deviation? Explain.
A stationery store has decided to accept a large shipment of ball-point pens if an inspection of 20 randomly selected pens yields no more than two defective pens.

a) Find the probability that this shipment is accepted if 5% of the total shipment is defective.

b) Find the probability that this shipment is not accepted if 15% of the total shipment is defective.

Reference no: EM13807087

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The random variable of a binominal experiment measure : List the criteria for a binomial experiment. What does the random variable of a binominal experiment measure?
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